What is Dr. Phil’s Net Worth? Dr. Phil, whose real name is Phillip McGraw, has an estimated net worth of $120 million according to Celebrity Net Worth as of June 2017. This makes him one of the richest TV personalities in the world and proves that TV personalities can make just as much money from hosting shows as they can from starring in them. But how did Dr. Phil get so rich? Let’s find out…
Salary as a TV host
According to Forbes magazine Dr. Phil’s salary is as $69 million. It must be noted that he also receives money from his various shows, products endorsements, and books he has written so that his total net worth can be much more than just $69 million in 2019. The number for his book sales is about $50 million. He has made lot of money through his brands like Fit Snack and Spark by Dr. Phil which are very popular in US and Canada (www….). Through all these sources, he has been able to take care of himself with a great lifestyle and a net worth of $69 million (www…).
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Most of Dr. Phil’s earnings are coming from his book Life Code: The New Rules for Winning in a World Where Facts Don’t Matter which was published in 2018, but will be releasing another book The Truths We Hold: An American Journey in 2019 as well. The book is already listed at number one on Amazon as most sold books, and it has an average rating of 4/5 by over 100 reviewers! So far, he earned $26 million from his three books published since 2004, The Complete Guide to a Happy Family, Self Matters: Thoughts on Wellness, and Parenting with Love and Logic. He also got some fees from his show although its exact value is unknown.
Earnings from his foundations
According to a report by USA Today, Dr. Phil has been able to accumulate his fortune through earnings from his foundations, which have collected more than $200 million in donations since their creation in 2006 and are estimated to have a worth of about $400 million . His oldest foundation (Dr. Phillip C.
Money, Income & Salary
TV personalities make good money, though how much they earn depends on a number of factors including experience, fame and their employer. A TV personality may make anywhere from $75,000 to $300,000 per year in annual salary and income. Although famous hosts like Dr. Phil or Ellen DeGeneres are highly visible and bank big paychecks for that reason, many hosts struggle to land new work after their contracts expire or they retire completely. Not surprisingly, television shows with fewer seasons have a tendency to pay less than series with more history behind them (think talk show host salaries).
Net worth sources breakdown
Television — $4 million; Entertainment industry — $2 million; Podcasting — $1 million; Endorsements & Sponsorships — $2 million; Books—$3 million; Charity—$10 thousand per event ; Dr. Phillip C. McGraw, known to many as Dr. Phil, is a television personality and America’s self-styled relationship doctor who earns nearly $80 million a year and has an estimated net worth of around $390 million as of March 2018 according to CelebrityNetWorth (read more). He is likely to earn approximately twice that amount by 2021 based on his current trajectory which is great news for him considering he made his fortune entirely from media income with no outside investment!
Assets & Properties
Dr. Phil owns a massive mansion, in Beverly Hills, California, which has a net worth of $11 million and an additional one in Colorado Springs worth $3 million. He also possesses a few luxury cars such as Audi Q7 SUV and Mercedes G500 Land Rover from which he earns monthly lease payments .Further, to add to his riches list are pure jewelry items like Platinum Chain with Diamonds Pendant along with Rolex watches collection from eBay auctions. Similarly Dr.Phil earns huge by offering Psychotherapy via Skype sessions for his fans for which he charges between US$199 – US$ 499 per hour (1 Hour cost) depending on their financial status & requirements.
Dr. Phil’s Net Worth
has an estimated net worth of $120 million according to Celebrity Net Worth.
Last Updated on January 16, 2022
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.